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CK_John

(10,005 posts)
Thu Feb 27, 2014, 12:55 PM Feb 2014

Cyber-era productivity can't produce enough jobs and CEO's can not hide it any longer.

Technology is starting to drain even former tech safe jobs, which has shocked economic guru's. Just look at the EU and bubble bust in Japan, and recent worries of job loss in China.

It is time for the DEM party to step up and start the discussion about
lowering the SocSec age to 50. Let's get ahead of the curve.


Layoff floodgates:
http://www.democraticunderground.com/10024572381

11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
 

alcibiades_mystery

(36,437 posts)
7. At least this version of the show isn't about impeachment
Thu Feb 27, 2014, 02:47 PM
Feb 2014


It's performance art. Let the OP have his fun.
 

Pretzel_Warrior

(8,361 posts)
5. The only way that works is if you simultaneously raise taxes
Thu Feb 27, 2014, 02:24 PM
Feb 2014

To pay for expanded costs of dramatically lowering retirement age.

Better to find work that is more value-added and directed toward problems that need solving rather than taking so much valuable and skilled labor out of the market.

CK_John

(10,005 posts)
8. This solution lets the long term unemployed 50 and over a lifeline while they
Thu Feb 27, 2014, 07:21 PM
Feb 2014

rework their lives. There is no requirement to retire and more importantly you can do both, work and collect SS.

hedgehog

(36,286 posts)
9. It's all about the distrbution of the wealth - go back to the 1920's
Thu Feb 27, 2014, 07:32 PM
Feb 2014

when the factories were putting out products that farmers (who were a larger part of the population back then) couldn't afford. Eventually everything came grinding to a halt with the Great Depression. So we don't need more jobs, we need better means of distributing the fruits of higher productivity across the population.

CK_John

(10,005 posts)
10. That would take about 25-40 yrs to adjust, if.... we admitted this was a productivity problem
Thu Feb 27, 2014, 07:38 PM
Feb 2014

and had a plan to do this now for your so called "better means".

hedgehog

(36,286 posts)
11. Actually - if we started taxing all income for Social Security, we might raise enough to allow
Thu Feb 27, 2014, 07:52 PM
Feb 2014

people to retire at age 50 - thereby spreading the benefits of productivity. For comparison - we no longer need the labor of children to manufacture goods or bring home money to support the family.

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